Financial advisory solutions in Sydney for all aspects of voluntary administration.

Voluntary administration attempts to resolve outstanding financial, legal, and administration issues quickly in a way that respects all invested parties. If company directors or creditors suspect insolvency, an independent administrator should be appointed as quickly as possible. A voluntary administration can be triggered for many reasons: Company directors who suspect insolvency, Secured creditors with a security interest, Pressure from multiple creditors, Pressure from banks or lenders, Disputes between directors and shareholders, Significant legal action.

The success of this process is based on many things, including the extent of the financial problem, the speed of intervention, and the administration skills of the new team. In most cases, a voluntary administration lasts between 25 to 30 business days. This period is critical as it provides the time and resources needed to deal with internal problems and enter into new financial agreements with creditors. At the end of this period, the company either moves forward with a Deed of a Company Arrangement or is placed into liquidation.

Along with expert financial advice, we provide access to an extensive online knowledgebase about voluntary administration in Australia. If you would like to learn more about this process, please take a look at our Research Centre. The ADS Research Centre merges industry insights with expert guidance and practical tips to help you manage voluntary administration and move forward with confidence.